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The answer is probably yes. All you have to do is think
creatively and put some effort into researching unusual and
less well known sources of financial aid.
Scholarships
Most people think you have to have outstanding grades or be
a superior athlete to receive a scholarship, but that is
just not true. The biggest secret in the world of college
scholarships is that there are so many available for so many
things. You can get a scholarship based on the subject you
intend to study, the school you plan to intend, the hobbies
you enjoy, the volunteer work you do, even for being left
handed or having a specific last name.
Grants
There are numerous grants available to help you pay for
college expenses. A grant is generally need-based, but the
definition of need can vary. Most of the time you will be
required to write a proposal that outlines how you intend to
use the grant and how your stated purpose will provide a
larger benefit. There are several internet sources that
will help you find grant opportunities and also help teach
you how to write an effective grant proposal.
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Student Loan Guide |
Secured Loans
Another alternative to a traditional student loan is to
seek a secured loan, most often in the form of a home equity
loan. Even though this type of loan usually carries a
higher interest rate than traditional student loans, it may
offer other advantages. The interest on many types of home
equity loans may be tax deductible, the benefits of which
can offset the cost of the typically higher interest rates.
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